Stratos Wealth Partners LTD. Purchases 1,340 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Stratos Wealth Partners LTD. grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 0.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 234,479 shares of the company’s stock after purchasing an additional 1,340 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.10% of First Trust SMID Cap Rising Dividend Achievers ETF worth $8,272,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 28,969 shares of the company’s stock worth $1,022,000 after purchasing an additional 333 shares during the last quarter. Ameritas Advisory Services LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 0.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 41,112 shares of the company’s stock worth $1,450,000 after purchasing an additional 335 shares during the last quarter. Purus Wealth Management LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% during the 1st quarter. Purus Wealth Management LLC now owns 51,922 shares of the company’s stock worth $1,739,000 after purchasing an additional 355 shares during the last quarter. Arbor Capital Management Inc. ADV raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 3.9% during the 1st quarter. Arbor Capital Management Inc. ADV now owns 10,198 shares of the company’s stock worth $345,000 after purchasing an additional 383 shares during the last quarter. Finally, Clear Creek Financial Management LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.4% during the 2nd quarter. Clear Creek Financial Management LLC now owns 28,224 shares of the company’s stock worth $996,000 after purchasing an additional 391 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $37.09 on Friday. The firm has a market cap of $8.83 billion, a price-to-earnings ratio of 14.54 and a beta of 1.18. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $28.84 and a 52-week high of $40.60. The firm has a 50 day moving average price of $37.75 and a two-hundred day moving average price of $35.47.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.38 annualized dividend and a dividend yield of 1.0%.

About First Trust SMID Cap Rising Dividend Achievers ETF

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.